IRS Proposed Guidance Result of UPS Argument

Discussion in 'Central States Pension Fund Discussion' started by UTR906, Feb 12, 2016.

  1. UTR906

    UTR906 "There Is No Armor Against Fate"

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  2. Crystal

    Crystal Well-Known Member

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    I think this is a step in the right direction. UPS has a contractual obligation to it's retirees. The CSPF "orphans" shouldn't have to suffer any additional cuts to cover for the Kline-Miller UPS exemption to the MPRA of 2014.
     
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  3. UTR906

    UTR906 "There Is No Armor Against Fate"

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    UPS was arguing that Tier II participants should be cut to 110%. Their argument is that no Tier III (UPS) participants should suffer reductions until Tier I and Tier II were cut to 110%.
     

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